earnings
confidence high
sentiment positive
materiality 0.80
Marriott Vacations Q2 contract sales $506M (+40% YoY); adj. EPS $2.87
MARRIOTT VACATIONS WORLDWIDE Corp
2022-Q2 EPS reported
$4.18
revenue$2,216,000,000
- Contract sales of $506M, up 40% YoY; VPG increased 7% to $4,613.
- Net income $136M ($2.97 diluted EPS); adjusted net income $131M ($2.87 adj. diluted EPS).
- Adjusted EBITDA $255M, up 55% YoY; Segment adj. EBITDA margin 36%, up 500+ bps.
- Returned $219M to shareholders in Q2 via buybacks ($193M, 1.4M shares at avg $136) and $26M dividend.
- Closed on sale of VRI Americas and Puerto Vallarta hotel for >$100M total cash proceeds.